The luxury goods brand, LVMH Moët Hennessy Louis Vuitton SA, has posted an 8% rise in fourth quarter sales. Quarterly earnings came in at Eur3.8 billion (US$4.1 billion) fuelling full-year turnover by 4% to Eur12.7billion (US$13.6 billion). The company says operating profits were helped by cost cutting measures and the opening of a new ten-floor Louis Vuitton store in Tokyo.

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